PERTH: Breville Group Limited announced the successful completion of the A$10 million underwritten Share Purchase Plan (SPP) it announced on Wednesday, 13 May 2020. The SPP follows the successful completion of Breville’s fully underwritten A$94 million placement to eligible institutional investors. The SPP and placement were both undertaken at an issue price of A$17/share. Commenting…
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Mobecom expands commercial agreement with Vodacom Group
PERTH: Following the commercial agreement executed with Vodacom Group Limited in December 2017, Mobecom announced an expansion of this initial agreement. Vodacom has agreed to develop a new Enterprise extension, for their ‘Switched On Benefits’ (SOB) platform. This will allow Vodacom to serve up deals and offers to a greater audience, incapsulating merchants and allowing…
Buderim Group receives $8.3 million bid for its Ginger Division
PERTH: Buderim Group Limited (Company) has received an indicative, non-binding offer from Global Foods Group Pty Ltd to acquire company’s combined ginger and tourism business assets (Ginger Division) for $8.3 million gross value. Buderim’s strategic focus is on consolidating the group’s global leadership position in food markets in which it chooses to operate, and new…
Freehill Mining signs binding agreement for Acquisition of El Dorado Project
PERTH: Freehill Mining Limited’s wholly owned subsidiary, San Patricio Mineria SpA has executed a formal binding agreement with the vendor of the 750 hectare El Dorado Project, Minera El Dorado SCM, which grants San Patricio a three-month option to purchase these tenements that directly adjoin Freehill’s 67Mt Yerbas Buenas magnetite project. El Dorado Project is…
Flexiroam data plan awarded as benefits to select Mastercard cardholders
SYDNEY: Flexiroam Limited announced that in a landmark partnership with Mastercard, the Flexiroam global data plan is now offered for the first time as benefits to cardholders, with select cardholders in Taiwan as the first beneficiaries of the program. Eligible Mastercard cardholders will be rewarded with five days of global roaming data of up to…
Bahram Nour-Omid appointed non-executive Chairman of AppsVillage Australia
MELBOURNE: AppsVillage Australia Ltd, a SaaS solutions provider for small and medium businesses, announced the appointment of Bahram Nour-Omid as Non-Executive Director and Chairman. Nour-Omid is currently Chairman, Managing Partner of Los Angeles based venture capital technology investment firm, Scopus Ventures, an existing cornerstone and institutional shareholder in AppsVillage. Nour-Omid brings a wealth of experience…
SMX joins the World Business Council for Sustainable Development
PERTH: Security Matters Limited (SMX) has become a member of the World Business Council for Sustainable Development (WBCSD). Security Matters Limited is focused on marking and digitizing physical objects on the blockchain to create a circular and transparent solution for the closed loop economy. The World Business Council for Sustainable Development (WBCSD) is a CEO-led…
Brookside and Stonehorse collaborate to acquire producing oil and gas properties
PERTH: Brookside Energy Limited and Stonehorse Energy Limited announced the formation of a new Joint Venture (Orion Project) which will enable the companies to exploit opportunities to acquire producing oil and gas properties in the world-class Anadarko Basin, Oklahoma. Commenting on the announcement, Brookside Managing Director, David Prentice said: “We are delighted to be partnering…
Fiji Kava launches functional ‘Noble Kava’ range with leading Australian retailer Coles
BRISBANE: Fiji Kava Ltd, an Australian-Fijian medicinal kava health and wellness company has launched a range of ‘noble kava’ functional capsules with leading Australian retailer Coles Supermarkets. The new noble kava functional capsules consisting of ‘Sleep’, ‘Calm’ and ‘Body’ capsule products are uniquely formulated to provide a safe and natural alternative to prescription medicines to…
AJ Park to acquire business of Baldwins Intellectual Property
SYDNEY: IPH Limited announced that AJ Park has reached an agreement to acquire the New Zealand intellectual property firm Baldwins Intellectual Property. The transaction will be effected by IPH’s subsidiary, AJ Park IP, acquiring the patent attorney business of Baldwins and the benefit of Baldwins’ legal business through the acquisition of that legal business by…
Senex completes transformational $400 million Surat Basin natural gas development project
MELBOURNE: Senex Energy Ltd has announced the successful completion of its 100% owned Surat Basin natural gas development project, establishing Senex as an important supplier of gas to the domestic market. Senex has now completed its 80 well Surat Basin drilling campaign, down from —110 wells originally planned due to continued production outperformance. In conjunction…
Ventia receives regulatory approvals for Broadspectrum acquisition
SYDNEY, AUSTRALIA: Ventia has been notified by the Foreign Investment Review Board (FIRB) that the Australian Government has no objection to Ventia’s proposed acquisition of Broadspectrum. Under the terms of the agreement with Ferrovial, completion of the acquisition is expected to occur on 30 June 2020. Ventia’s Chairman, Mr. David Moffatt, said: “We look forward…